Development Land JVT
35 Orchid St - opp. District 7 Park A - Jumeirah Village - Jumeirah Village Triangle - Dubai - United Arab EmiratesProperty Information
- Date added: Added 5 days ago
- Category: Construction Project, Land, Plot
- Listing Managed by: Agent/ Agency
Description
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Description:
An Opportunity to Acquire a Development Plot in Jumeirah Village Triangle (JVT), Dubai.
Presenting a freehold land acquisition in one of Dubai’s most sought-after and centrally located residential communities. This plot offers investors an opportunity to deliver a landmark mixed-use project with exceptional financial returns.
Key Highlights:
Purchase Price: AED 28,000,000
Prime JVT Location: Situated on the main road within the vibrant Jumeirah Village Triangle, known for its strategic proximity to key destinations like Dubai Marina, Al Khail Road and Expo City.Approved G+3P+9+R Tower: The project comes with architectural plans and preliminary approvals from Dubai's authorities, reducing development time and risk. The approved design allows for a high-density, mixed-use development.
Robust Development Metrics:
Plot Area: 15,400 sqft
Built-Up Area (BUA): 140,000 sqft
Gross Floor Area (GFA): 70,000 sqft
High-Yield Use: Approved for a blend of Residential and Retail, capturing demand from both the permanent residential community and the local retail market.Financial Upside & Joint Venture Opportunity:
Immediate JV Partnering: We are in discussions with several leading UAE developers. This offers a potential buyer a seamless path to a joint venture, leveraging expert development management to maximize value and mitigate execution risk.
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This is more than just a land purchase; it's a strategic entry into developing a high-rise asset in a community with proven demand. The existing approvals and clear development framework provide an accelerated path to groundbreaking and sales, ensuring capital is deployed efficiently for maximum, tax-free returns.